Examlex
Evaluate the expression. Select the correct answer.
Prosperity
A state of economic growth and stability, characterized by high levels of employment, income, and consumer confidence.
Crowding-In Effect
An economic theory suggesting that increased government spending leads to an increase in private sector investment.
Government Spending
Expenditures made by the government sector including spending on goods and services, public projects, and transfer payments.
Economic Expansion
A phase in the business cycle where the economy grows and increases in activity.
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